Trump tariffs, Chinese solar company to build U.S. factory

President Trump wants Chinese solar panels firms to make more of their products in the U.S. -- and they appear to be getting the message.

A week after the Trump administration unveiled tariffs of up to 30% on imports of solar panels, one of China's biggest manufacturers announced that
it plans to open a new plant in the U.S.

JinkoSolar said in a statement Monday that its board of directors had given the go-ahead to "finalize planning for the construction of an advanced
solar manufacturing facility in the U.S."
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Regardless of your personal feelings concerning President Trump, we should respect him for his business savvy. He made a promise to bring jobs back to
America and he's keeping it. We should try to put aside political ideology and partisanship and admit that things are improving. Great times seem to
be ahead for American workers. MAGA!

MAGA All the way!!!! WOOHOO! The last few days have made me feel exceptionally proud that I live in America. Being patrotic because of stuff like
this, bringing jobs back to the USA, making our policy about the American Citizen first.

Ummm...proof that in the right hands...tariffs can be the lever that pivots the fulcrum...

No wonder the Dems had such sourpusses during the SOTU...they couldn't have cracked a smile even with a gun pointed at their pates...

The judicial use of targeted tariffs coupled with higher import fees for US based companies products that have off shored their manufacturing overseas
to encourage their return...AKA Apple...etc...
Obviously also coupled with the new tax package of course...

Damn...that's not a win...win...It's a Win...Win...Win...
The President did say that we might get tired of winning at some point...I just wish the naysayers would get tired of whining...

The Solar Energy Industries Association (SEIA) – the national trade association for the U.S. industry - and its members expressed
disappointment in the decision by President Trump to impose 30 percent tariffs on imported solar cells and panels.

The decision effectively will cause the loss of roughly 23,000 American jobs this year, including many in manufacturing, and it will result in the
delay or cancellation of billions of dollars in solar investments.

One part of very serious note...

“This is a bad day for the U.S.,” said Costa Nicolaou, president and CEO of PanelClaw, an American racking company. “What’s most
disappointing is that the president sided with two foreign-owned companies and didn’t listen to Americans from across the country and political
spectrum who understood tariffs will cause great economic pain for so many families in the solar sector.”

The decision effectively will cause the loss of roughly 23,000 American jobs this year, including many in manufacturing, and it will result in the
delay or cancellation of billions of dollars in solar investments.The decision effectively will cause the loss of roughly 23,000 American jobs this
year, including many in manufacturing, and it will result in the delay or cancellation of billions of dollars in solar investments.

I wonder if this new Chinese plant will replace some of those lost jobs or loss in solar investments

Trump is doing EXACTLY what a POTUS should be doing...putting Americans first. Imagine if he didn’t have Democrats trying to stop the American
economy from exploding. They are making themselves look stupid. The American workers will remember who remembered them.

The Dems are so invested in the entitlement voters that they actually hate when good things happen for the working people of America.

The decision effectively will cause the loss of roughly 23,000 American jobs this year, including many in manufacturing, and it will result in the
delay or cancellation of billions of dollars in solar investments.The decision effectively will cause the loss of roughly 23,000 American jobs this
year, including many in manufacturing, and it will result in the delay or cancellation of billions of dollars in solar investments.

I wonder if this new Chinese plant will replace some of those lost jobs or loss in solar investments

There are many ways to look at this. Don't we already have companies that are building here in the good ole USA? Maybe they could hire more people to
take up the work load. Companies that import will remain in business. The cost doesn't seem to be prohibitive from what I've read.

But quite frankly, the SEIA figures are most likely grossly inflated and down right bunk. But here's some info that might accurately depict the
situation a bit better:

Market experts estimate that the impact of the tariff in year 1 will be between $0.10 to $0.12 per watt. For a typical American homeowner, that
represents only a 3% to 4% increase in the cost of a solar panel installation. (This corresponds to a recent analysis conducted by Greentech Media.)

By year 4, the tariff’s impact falls to only $0.04 to $0.05 per watt, which results in less than a 2% increase in installation costs. It is worth
mentioning here that leading solar manufacturing countries like China, Taiwan and South Korea can simply reduce their export prices faster, and render
obsolete any impact of the solar tariff.

The Solar Energy Industries Association (SEIA) – the national trade association for the U.S. industry - and its members expressed
disappointment in the decision by President Trump to impose 30 percent tariffs on imported solar cells and panels.

The decision effectively will cause the loss of roughly 23,000 American jobs this year, including many in manufacturing, and it will result in the
delay or cancellation of billions of dollars in solar investments.

One part of very serious note...

“This is a bad day for the U.S.,” said Costa Nicolaou, president and CEO of PanelClaw, an American racking company. “What’s most
disappointing is that the president sided with two foreign-owned companies and didn’t listen to Americans from across the country and political
spectrum who understood tariffs will cause great economic pain for so many families in the solar sector.”

How can a Chinese company building a plant here using American workers cause the loss of 23,000 Americans unless they're producing a better product?
If that's the case, innovations in solar energy will habe to occur for other companies can compete. I'll do some research on the SEIA because their
claim doesn't add up. Chances are, and I'm only speculating at this point but there's probably few American solar panel companies each owned by the
same parent corporation worried they can't keep up with Chinese standards. Isn't that a scary thought? We ask for alternative energy and when we do
something to further the cause, it becomes a negative. I don't get it.

The manufacturing of solar panels here, where environmental and health regulations are better, will help the Chinese people breath easier. Those
factories over there dump a lot of toxic fumes into the air, and at what they get for the panels, it is hard for them to fix the problems. Here, with
the extra cost from the tax avoidance, they will be able to build the panels and be competitive yet. The thing is, the people importing these panels
jack the price way up, they might increase in price only ten percent and be way better on the world ecological impact overall.

Those factories are almost all automated, it will not create a real lot of jobs, but it will create some...which is good.

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